New report says crime pays, and has cleaned up its act
(NEWSER) - How bad is Italy's debt crisis? So bad that the Mafia is now collectively "Italy's No. 1 bank," with roughly $83 billion in liquidity and about $127 billion in annual profits, according to a new report from a prominent Italian business group. Crime organizations such as the Cosa Nostra, Camorra, and 'Ndrangheta have stepped in where banks have failed to lend, the Telegraph explains—but their exorbitant rates often put "customers" out of business. More»
